Savannah Energy Plc has embarked on several planned Board changes in line with the company’s succession planning regime. It has disclosed the retirement of Sir Stephen O’Brien and David Clarkson from the board.
Extending its sincere thanks to both for their dedication and service as directors for the past eight years, the company said they have been instrumental in supporting the Company’s governance framework and Board processes during their tenure.
Savannah also announced the intended appointments of Uyi Akpata and Kehinde Olamide Ogunwumiju as Independent non-executive directors. Uyi and Kehinde bring significant experience in audit, finance and legal affairs, further strengthening the Board’s capabilities in these key areas. Upon joining the Board, Akpata is expected to serve as Chair of the Audit Committee.
Savannah’s chairman, Joseph Pagop Noupoué, commented that “the changes announced this morning form part of Savannah’s ongoing and dynamic Board succession planning process, which is designed to evolve in step with the company’s strategic direction, operational priorities, and growth trajectory.
“We are delighted that both have agreed to take on ongoing consultancy roles, ensuring the Company can continue to benefit from their extensive experience and deep understanding of our business. We wish them every success in the future and thank them wholeheartedly for their service.”
Retiring vice chair and non-executive director, Savannah, Sir Stephen O’Brien commented that:”Having been involved with the Company since its very inception 11 years ago, and after eight stimulating years as vice-chairman of Savannah, I am stepping down with pride in what has been built together as a team. Over this time, Savannah has transformed into a leading African energy company, advancing projects across the continent in both hydrocarbons and renewables. I am pleased to have had the opportunity to contribute to our journey. I wish everyone at Savannah every success and look forward to maintaining my support for the company in a new political advisory role.”
Retiring non-executive director, Savannah, David Clarkson, while speaking said, “since joining the board in 2017, I have enjoyed a wonderful journey with Andrew and my Board colleagues as Savannah grew in stature delivering Projects That Matter. I wish the Company every success as it continues to build sustainable businesses across its portfolio of opportunities. I look forward to supporting the Company as Technical Advisor to the board.”
